Latest market news

India's Facor cleared for Odisha ferro-chrome expansion

  • : Metals
  • 24/08/13

Indian producer Vedanta-Ferro Alloy Corporation (Facor) has received permission from India's environment ministry for a ferro-chrome capacity expansion at its plant in east India's Odisha state.

The company plans to more than double its ferro-chrome production capacity from 145,000 t/yr to 300,000 t/yr by adding two new furnaces at its Bhadrak district plant.

The firm has receives all required permissions, including environment clearances, and expects to complete the project by 2026.

Chrome ore production during April-June at Vedanta subsidiary Ferro Alloys rose by 5pc from a year earlier to 80,000t. Ferro-chrome production nearly trebled to 28,000t from 10,000t the previous year, driven by enhanced productivity at the charge chrome plant but also reflecting operations being disrupted during April-June 2023.


Related news posts

Argus illuminates the markets by putting a lens on the areas that matter most to you. The market news and commentary we publish reveals vital insights that enable you to make stronger, well-informed decisions. Explore a selection of news stories related to this one.

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more